WE ARE DEDICATED TEAM WORK AND PRAY FOR YOUR PROFITABLE TRADING. WE ARE POSTING
OUR DAILY VIEW ON NIFTY HERE.
THANK YOU FOR KIND YOUR VISIT.

Thursday, July 28, 2011

NIFTY OUTLOOK FOR 29/07/2011

NIFTY TAKING SUPPORT AT 5488 LEVELS.BREAKING THIS LEVEL WILL CREATE PANIC ANDNEXT GOOD SUPPORT AVAILABLE ONLY AT 5177.CLOSING BELOW 5177 WILL TAKE DOWN NIFTYTO UN EXPECTED LEVELS.

SO BULLS HAVE TO KEEP 5444-SPOT AS STOPLOSSFOR ALL LONGS. KEEP THIS STOPLOSS ALSO FORTHE LONGS IN STOCK FUTURE AND BANKNIFTY.

STILL WE HOPE THE FOLLOWINGS,NIFTY CAUGHT IN THE 5488-5688 RANGE.ANY HOW BULLISH TRENDS REMAINS AS LONG ASNIFTY HOLDS 5488.

OTHER THINGS REMAINS SAME,AS PER ASTRO GURU HAVE SHIFTED FROM APEXAMSAM ON 21ST JULY. SO THE RALLY OF THE GOLDMUTED. SOME CONSOLIDATION AND LITTLECORRECTION FOR GOLD IN COMING DAYS. WE HOPE THIS WILL HELP BULLS TO DO THE JOB.SO WE HOPE FOR THE RALLY UP TO DIWALI TARGETING 6888.

AS PER ASTRO,STEEL, METAL, OIL, AUTO AND REALITY ARETHE SECTORS WHICH MAY LEAD THE RALLY.THE OTHER SECTOR MAY PARTICIPATE SLOWLY.

ANY HOW PLEASE KEEP IN MIND THE FOLLOWING,BEARISH SIGNAL IS SLIPPING BELOW 5488 WITH,VOLUMES AND THE BULLISH SIGNAL IS CLOSING,ABOVE 5688.

IN BETWEEN 5488 TO 5688 GO ALONG WITH THEMOMENTUM ON DAILY BASIS. EXIT WITH MINIMUMPROFITS. AVOID OVER NIGHT HOLDINGS.

TECHNICAL REMAINS AS FOLLOWS,BULLS HAVE TO KEEP 5444-SPOT AS STOPLOSSFOR ALL LONGS.

BEARS, HAVE TO WATCH 5488-SPOT,IF NIFTY CLOSE BELOW 5488, ON FRIDAY,WITH VOLUMES THEN INITIATE FRESH SHORTS,KEEPING 5533 AS STOPLOSS.

GOLD TRADING AROUND 1600 AT 1617.US DOLLAR INDEX TRADING AROUND 75 NOW AT 74.31.NYMEX CRUDE TRADING NEAR 100 NOW AT 97.51.DOW FUTURE TRADING,30POINTS GREEN ON THURSDAY 8PM.GREEN TREND SEEN.

NIFTY WEEKLY RANGE===================5422/5511-5600-5688/5777/5866

AS PER ASTRO THIS WEEK=======================FRIDAY...... GREEN FROM NOON.

SHORT-TERM TREND FROM ASTROLOGY================================GURU SAILING IN MESHAM. ON 21ST JULY SHITEDFROM KADAKAM-APEX AMSAM. AND ALSO GOINGTO GET VAKRAM (REVERSAL) FROM 7TH SEP.THE HUGE RALLY OF GOLD GET MUTED.

WE HOPE FOR CONSOLIDATION AND LITTLE CORRECTIONFOR GOLD AND ALSO FOR DOLLAR INDEX. SO FII'SBUYING MAY SEEN IN EQUITIES. WE EXPECT ARALLY UP TO DIWALI IN NIFTY.

1.REALITY... GREEN WEEK.-----------------------------------------SUKRAN-VENUS SHIFTED TO KADAKAM. THIS WEEK GETTING KADAKAM AND SIMHAMAMSAMS. GREEN EXPECTED FOR FULL WEEK.ANY HOW CLOSE POSITIONS IN THE WEEK END.

2. POWER, INFRA AND FERTILIZER---------------------------------MARS SAILING IN RISHABAM SIGN. ALSO GETTINGTHULAM AMSAM FOR FULL WEEK. SATURN IS VIEWING MARS FROM KANYA.EXPECT CHOPPY AND FOR ABOVE SECTORS.

3. TELECOM- AVOID THIS WEEK.---------------------------------------PUTHAN SHIFTED TO KADAKAM.THIS WEEK GETTING MAHARAM AMSAM.ALSO GOT REVERSAL-VAKRAM FROM LAST THURSDAYAND HIDDING-ASTHAMAM FROM LAST FRIDAY.MARS ALSO NOT IN GOOD HOME.STAY AWAY FROM TELECOM FOR THIS WEEK.

4. OIL AND STEEL VOLATILE DAYS ARE OVER.----------------------------------------------SATURN NOW IN KANYA SING. ALSO WITH RISHABAM,AMSAM. NOW SAILING IN RIGHT MODE.EXPECT SLOW AND SURE GREEN IN ABOVE SECTORS.